USAA Life Insurance Company Partners with Wholesaling Firm WealthVest

May 09, 2022

BOZEMAN, Mont.,  USAA Life Insurance Company, a leading financial services brand for military members and their families, and WealthVest, a field-based wholesaling firm, have announced a strategic relationship to distribute certain USAA Life annuity products to select banks and broker-dealers. The new relationship is the result of an extensive search by USAA Life for a wholesaling partner that could meet USAA Life’s exacting professional service and training standards.

“Having the ability to expand the distribution of our annuity products is something that has been a top priority for us,” said Sean Grindall, head of third-party distribution at USAA Life. “Working with WealthVest and having access to their sales and marketing resources will help us expand our market and bring the financial security our products provide to more consumers.”

WealthVest will begin distributing and marketing USAA Life’s high-quality income and protection solutions on a selective basis to a network of institutions and financial advisors, expected to begin later in 2022. The firm plans to deploy its proven wholesaling, coaching and thought-leadership distribution model to help educate financial advisors on USAA Life’s industry-leading retirement solutions, which include a fixed deferred and single premium immediate annuity.

“WealthVest is honored to partner with one of the most highly regarded companies in any industry,” said Lincoln Collins co-founder and president of WealthVest. “We are excited to introduce USAA Life to financial advisors throughout the nation. Since USAA Life solutions are available to the general public and USAA membership is not required, all Americans can enjoy USAA’s exceptional service and consumer value as they prepare for retirement.”

WealthVest and USAA Life are well-regarded leaders in the financial services industry. USAA Life Insurance Company achieved the highest overall scores from J.D. Power in the 2021 U.S. Individual Annuity Study and the 2021 U.S. Individual Life Insurance Study.

Likewise, in a Cramer and Associates survey, WealthVest was named one of the leading distributors of fixed and fixed index annuities in broker-dealers and financial institutions.

About USAA
Founded in 1922 by a group of military officers, USAA is among the leading providers of insurance, banking and investment and retirement solutions to 13 million members of the U.S. military, veterans who have honorably served and their families. Headquartered in San Antonio, TX, USAA has offices in seven U.S. cities and three overseas locations and employs more than 35,000 people worldwide. Each year, the company contributes to national and local nonprofits in support of military families and communities where employees live and work. For more information about USAA, follow us on Facebook or Twitter (@USAA), or visit usaa.com.

About WealthVest
WealthVest is one of the leading distributors of fixed, fixed index, registered index-linked and variable annuities—as well as structured products— to U.S. financial advisors. WealthVest’s leadership is fueled by proprietary thought-leadership, consumer-driven product design expertise, strategic marketing, technology, and specialization in both field and hybrid-based advisor wholesaling. Follow them on Facebook and LinkedIn or visit wealthvest.com.